News
Used EVs Strengthen Overall Electric Vehicle Market
The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
Read More →The latest sales data point to several reasons for the divergent trends in new and used EVs that can factor into fleet cycling decisions.
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Overall, auction values for used 1- to 3-year-old vehicles declined 1.3%, or roughly $235, in the first quarter of 2016.
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Black Book has new data that shows truck segments may be feeling additional pricing pressure, resulting in many trucks not holding their values as well as in previous years.
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Bel Air Auto Auction brought the gavel down on sixty-nine years in the auction business with their anniversary sale this past Thursday, April 21. Dealer, fleet-lease, and institutional vehicles filled the lanes.
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The average selling price of used vehicles sold by new-vehicle dealerships reached $19,397, according to the National Automobile Dealers Association (NADA)'s 2015 Financial Report.
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The International Automotive Remarketers Alliance (IARA) is celebrating its 15th anniversary in Toronto with its annual Summer Roundtable. The conference will take place August 9-11 at the Sheraton Centre Toronto Hotel in Toronto.
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Beepi, a car-buying startup, announced that it will be adding a leasing option for its used-car buying service.
Read More →Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit approvals are lower again after a hike in February levels. Auto lease credit approvals for the month of March finished at 66.7%, down from the February mark of 70%.
Read More →Black Book announced a partnership with Auction Simplified that will make them the exclusive provider of vehicle valuation data.
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KAR announced the formation of its data science solutions group and leading it will be Dr. Huey Antley, he will serve as vice president and chief data scientist of this new group.
Read More →Cox Automotive has acquired a majority shareholding in Molicar, Brazil's vehicle valuations business.
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